Financial Assessments - Easy read
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|What is a Financial Assessment?|
|Most people have to pay towards the cost of the social care they receive – the support they need to live in their own home or in a care home.|
|To work out how much you have to pay towards this, you will have an assessment of your care and support needs.
A Care Assessment is when somebody (usually from social services) looks at the help you might need to stay independent and safe.
|After the Care Assessment, you will be asked to take part in a Financial Assessment. This is where the council looks at how much money you have coming in that could help to pay for some of the services you receive.|
|After both assessments have been done, the Council will tell you how much money you will have to pay towards the care you get.|
|What does a Financial Assessment look at?|
|The Financial Assessment looks at all of your income (this is the money you have coming in to your account).
This includes money in bank accounts, savings and anything big that you might own such as a house or car.
|You will have to provide the council with information about your income and savings. You can ask your bank for a statement, this is will show how much money you have and how much you spend.|
|The Financial Assessment may also look at some of the benefits you get that could be included to pay for your care.|
|If you are not getting all of the benefits that you should be, the Council has a team of people who will help you with this.|
|If you have over £23,250.00 of savings in your bank or building society, you will have to pay for the care you need yourself.
You may get some help towards the cost of the services you need, if you have savings between £14,250.00 and £23,250.00.
The Council will work it out for you.
|Do you pay the same amount if you are receiving Care at Home or in a Residential or Nursing Home?|
|The Financial Assessment looks at all of your income (this is the money you have coming in to your account). .|
|If you receive care at home, housing costs (for example your rent and some other bills) are included.|
|The assessment also looks at the extra money that you may have to spend because of your illness or disability.|
|If you have care at home, and own your own house, the value (amount it is worth) is not included in the assessment.|
|But if you do have to move into a home and you own your own house, you will be expected to sell your house to pay for the care you need yourself.|
|There are some exceptions to this rule, and other ways of paying if you do not want to sell your house. Ask the Council for information about this option.|
|If you move into residential care, all of your income (the money you have coming in) is taken into account when looking at how much you will have to pay towards the cost of your care.|
|If you do have to move into a home, you will be left with a certain amount of money to spend each week. This is called your Personal Allowance.|
|Are all Financial Assessments the same?|
|No, each Financial Assessment is different as it is based on the amount of money each person has coming in and the money they have going out.
But the rules on Financial Assessments are the same for everyone, so that it is as fair as possible.
|How will I pay my contribution?|
|Once your Financial Assessment has been done you will receive a letter from the Council, telling you how much you will have to pay towards your care. It will also tell you the date you have to start paying.|
|You will have to pay the money straight to your care home or care at home provider.|
|For more information on Financial Assessments|
|If you would like any help or more information please call on:
0300 456 0100
Or send an email to: